MarketPier

942 S LUCERNE - Los Angeles, CA 90019

$1,999,000
Listing Description

Rare opportunity to purchase an income property in prestigious Windsor Village/Hancock Park. Owner occupancy opportunity; 944 is currently owner occupied. Both units are 3 bedroom + 2 bathroom side-by-side. There is a bonus unit, a converted garage studio (not permitted), which can be delivered vacant upon request. Newer roof and newer bathrooms. The spacious owner's unit has an extended sun room, which is not part of the square footage (not permitted). Including the sun room, the total square footage is a little over 2,900 sf. Central A/C and heating.

Listing Information
MLS Number
18413460
APN/Parcel ID
5090023008
Type
Multifamily
Sub Type
Multifamily
Building Size
2,598 sqft
Lot Size
6,012 sqft
Price / SQFT
$769
No Units
2
Price / Unit
$999,500
Gross Income
$83,004
Total Expenses
$28,440
Net Income
$54,564
Rent Multiplier
19.28
Listing Date
12/5/2018
Days Active
10
Last Updated
12/16/2018
Listing Provided By
Johnny Cho
Keller Williams Realty Los Fel
BRE# 01394690

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